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Evening Standard
Evening Standard
Holly Williams

Ladbrokes owner Entain sees growth slow after punter-friendly sports results

Entain Ladbrokes Stella David BetMGM
Entain has said slowing growth can be attributed to a run of customer-friendly sports results (PA) - (PA Wire)

Ladbrokes owner Entain has blamed a run of customer-friendly sports results for slowing growth over the summer.

The group, which also owns brands including Coral and Sportingbet, said total group net gaming revenue (NGR) – the amount of money the company pockets after paying out winnings to customers – increased by 7% at constant currencies, slowing from 10% growth in the first half of the year.

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